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Acura TSX Lease Questions

751 messages,  Last post on Jul 06, 2008 at 2:34 PM

You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx

What is this discussion about? Acura TSX, Car Leasing, Sedan


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#603 of 751
Re: Looking at leasing TSX [vikwasu] by 2008navi
Feb 07, 2008 (6:18 pm)
Reply

Replying to: vikwasu (Feb 04, 2008 9:29 pm)

Greenville, SC - Bradshaw Acura
This was my second TSX, Bradshaw is excellent to work with.
#604 of 751
Re: TSX lease- national deal on 6MT [cfrago] by Car_man HOST
Feb 08, 2008 (3:42 am)
Reply

Replying to: cfrago (Feb 01, 2008 6:24 am)

Hi cfrago. Let's work up a sample lease payment on the TSX that you are interested in and see what we come up with. For now I will assume that you are able to get it for $500 over dealer invoice. According to my calculations, if you were to lease a 2008 Acura TSX without navigation with a manual transmission that has an MSRP of $28,905 and a selling price of $27,130 through Honda Finance right now for 36 months with 15,000 miles per year, your zero down, pre-tax monthly payment would be around $328 assuming that you qualify for its top credit tier and pay a security deposit at lease signing. Even with a selling price of right at invoice, the payment is still $313 before tax. I suppose that there's a chance that you might be able to get $299 per month before tax, but more likely you are going to be $10 or $20 higher than that.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#605 of 751
Re: Help me tell me if I'm getting ripped off [idrivecars1] by Car_man HOST
Feb 08, 2008 (3:44 am)
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Replying to: idrivecars1 (Feb 01, 2008 7:19 pm)

Greetings idrivecars1. Thanks for sharing the details of your deal with everyone. The more real world examples like this we have in this discussion the better. Make sure to stop by the new Dealer Ratings & Reviews section of Edmunds.com to share your thoughts on your recent dealer experience too. Thanks again and enjoy your new ride .
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#606 of 751
Re: Is anyone here leasing with the intention to buy? [cassandra999] by Car_man HOST
Feb 08, 2008 (3:49 am)
Reply

Replying to: cassandra999 (Feb 05, 2008 10:26 am)

Hi cassandra999. There is a very, very good chance that the lease-end purchase option price for your leased TSX will be higher than its real world value in several years. Even though a low monthly payment seems attractive now, you will be better off going with a 15,000 mile per year lease and having a higher monthly payment if you plan on driving that much. You aren't losing anything by doing so, you're just giving yourself more options. The purchase option price for a TSX that was leased with 15,000 miles per year will be lower than the price for one that was leased with only 10k. By leasing with 15k, it is less likely that you will exceed your car's mileage allowance...or at least you will be less over it. Without a huge excess mileage penalty, you will have the option to turn your car in at lease-end if you believe that its purchase price is outrageously high or if it has been in an accident or given you mechanical problems or if you are just plain sick of it.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#607 of 751
Re: MF for Jan on Prefered Tier [2008navi] by Car_man HOST
Feb 08, 2008 (3:58 am)
Reply

Replying to: 2008navi (Feb 07, 2008 6:14 pm)

Hey 2008navi. Honda Finance's lease money factor for the 2008 Acura TSX is exactly the same in February as it was last month.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#609 of 751
Re: TSX lease- national deal on 6MT [Car_man] by cfrago
Feb 11, 2008 (7:37 am)
Reply

Replying to: Car_man (Feb 08, 2008 3:42 am)

Carman, thanks for the info. It sounds like the national deal is pretty good. My rough calc go from the 299 and would add may 16 a month for no cap cost (605/26) that is in the national deal and then maybe 22 a month or so to go from 10k to 15k per year. sound close? I might try for the 299 and see if I end up around 310 to 320 (with no cap cost and 15k yr). what would the residual be at 15k a year? also, does acura/honda finance negotiate much at the end of the lease if you decide to buy it? ie, if the residuals are not holding up, might you be able to buy it for less that the contractual residual? thanks again.
#610 of 751
TSX Navi lease by cacevedo
Feb 14, 2008 (11:53 am)
Reply
Just picked up NHB with Parchment.
MSRP 31005
Sell 29056
Money Factor .00035
Residual 57% - 10000mi/yr
Park Ave Acura in Rochelle Park,NJ
 
Monthly pymt - 356.14
COULD NOT RESIST THIS DEAL!!!!!
#611 of 751
Re: TSX Navi lease [cacevedo] by jaxs1
Feb 14, 2008 (6:02 pm)
Reply

Replying to: cacevedo (Feb 14, 2008 11:53 am)

It's only 10,000 miles a year. You may regret that later.
#612 of 751
Re: TSX Navi lease [jaxs1] by andywdj
Feb 18, 2008 (8:46 pm)
Reply

Replying to: jaxs1 (Feb 14, 2008 6:02 pm)

Just signed to lease TSX with Navi. $375 per month no money down. 36 months with 12K miles per year. The dealer quoted $430 per month but i forced them down to $390 and I asked them to go down to $375 but they said no and they said I can lease non navi for $320 per month. But the manager came back with an offer for TSX with Navi for $380, my wife said no, and he came back again with an offer for $375 per month for Navi and I said yes. Took me 1.5 hours! They still have 3 more left at the lot all with Navi.

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